INS Instem Plc

RNS Number:3697L
Infast Group PLC
21 April 2005

                                SALE OF PROPERTY

Infast Group plc (the "Company") is pleased to announce that, as part of the
Company's strategic exit from manufacturing, it has today exchanged contracts on
the sale of a property in Birmingham, which was previously occupied by GKS
Centrepiece until its disposal in October 2004, for a net cash consideration of
#1.5 million. Completion is expected to take place on 3 May 2005.

The proceeds, which are equivalent to the property's net book value, will be
used to reduce the Company's debt.

Graham Titcombe, Chairman of Infast, said: "This property sale is one of the
final steps in our exit from manufacturing. The Group is now streamlined and
ready to move forward as a focused Inventory Management Services operation."


For further information, please contact

Infast Group plc                                             Tel: 01452 880 500
Robert Sternick, Chief Executive
John Kimber, Finance Director

Rawlings Financial PR Limited                                Tel: 01756 770 376
John Rawlings
Catriona Valentine





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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